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CH13_Testbank_HIH9e - Chapter 13—Strategic...

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Unformatted text preview: Chapter 13—Strategic Entrepreneurship TRUE/FALSE 1. According to the chapter Opening Case, Amazon’s success with the Kindle was largely attributed to its invention of the digital book. ANS: F PTS: 1 DIF: Easy REF: 379 OBJ: 13-01 TYPE: application NOT: AACSB: Business Knowledge & Analytical Skills | Management: Strategy | Dierdorff & Ru-bin: Strategic & systems skills 2. According to the chapter Opening Case, Amazon’s 24% increase in earnings for the first quarter 2009 (over the first quarter 2008) was largely attributable to the Kindle. ANS: T PTS: 1 DIF: Medium REF: 379 OBJ: 13-01 TYPE: application NOT: AACSB: Business Knowledge & Analytical Skills | Management: Strategy | Dierdorff & Ru-bin: Strategic & systems skills 3. According to the chapter Opening Case, Amazon should expect a sustainable competitive advantage with the Kindle as its technology is not easily imitated. ANS: F PTS: 1 DIF: Medium REF: 379 OBJ: 13-01 TYPE: application NOT: AACSB: Business Knowledge & Analytical Skills | Management: Strategy | Dierdorff & Ru-bin: Strategic & systems skills 4. An organization engaging in strategic entrepreneurship focuses on identifying opportunities that it can exploit through innovations. ANS: T PTS: 1 DIF: Easy REF: 380 OBJ: 13-01 TYPE: knowledge NOT: AACSB: Business Knowledge & Analytical Skills | Management: Creation of Value | Dierdorff & Rubin: Strategic & systems skills 5. Most large, complex firms innovate through cooperative strategies or strategic alliances, but not through internal activities. ANS: F PTS: 1 DIF: Medium REF: 380 OBJ: 13-01 TYPE: comprehension NOT: AACSB: Business Knowledge & Analytical Skills | Management: Creation of Value | Dierdorff & Rubin: Managing strategy & innovation 6. Entrepreneurial opportunities exist because of competitive imperfections in the markets and among the factors of production. ANS: T PTS: 1 DIF: Medium REF: 381 OBJ: 13-01 TYPE: comprehension NOT: AACSB: Business Knowledge & Analytical Skills | Management: Creation of Value | Dierdorff & Rubin: Strategic & systems skills 7. Regarding competition and markets, entrepreneurship’s primary focus is to capture most of the exist-ing markets from less aggressive and innovative competitors. ANS: F PTS: 1 DIF: Hard REF: 381 OBJ: 13-01 TYPE: comprehension NOT: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing the task environment 8. Entrepreneurship is the economic engine driving national economic growth in many nations. ANS: T PTS: 1 DIF: Easy REF: 381 OBJ: 13-01 TYPE: knowledge NOT: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing strategy & innovation 9. The ultimate goal of entrepreneurial innovation is to create wealth....
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CH13_Testbank_HIH9e - Chapter 13—Strategic...

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